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4.1¢ incannex healthcare limited

Ann: Trading Halt, page-61

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niz

1,085 Posts.

133

22/03/22

11:03

Post #: 60337263
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Originally posted by rushnlabs: ↑

I think if you look at the facts, and the actions of the company recently (NASDAQ listing, OSA Results, Loyalty Options) the conclusion would be that we are likely looking at an aquisition of IHL-42X.

- this would make the most sense with the timing of the loyalty options, the extension of time frame, etc.

- It also makes the most sense considering they aimed to time the release of those results with their nasdaq listing to gain the most exposure to big players on the US stage.

The fact that they release loyalty options, to reward shareholders, knowing that this was in the pipeline, just makes those options more rewarding... it also aligns with the piggybacks being priced at $1... they know that after this sale, the company shares will be worth well over $1

.....my thoughts.

the wording "potential business aquisition transaction" is very open-ended.

Expand

hmm it is very vague could mean anything. I personally am leaning towards IHL acquiring a business rather than someone putting in an offer to acquire IHL-42X.

Time will tell...

IHL Price at posting: 70.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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